That's only 8 times the price.
They're giving LNG away.
I guess the LNG Pollyannas of FR kind of forgot that crucial little detail...
Suck it Euro Greenies.
“Henry Hub piped gas is 5.56 per mmBtu (Oklahoma), and TTF Netherlands (Europe) August futures is at 43.225 per mmBtu.”
Yep, much of that difference is due to the Freeport Terminal going pop (probably due to the feds demanding that they cut corners for more deliveries to Europe). If we can’t export our gas to Europe, we’re stuck having a surplus here, so sorry Biden, your Globalist friends may be killing us on gasoline and food prices, but natural gas is in surplus, and there’s not a damn thing you can do about it.
By the way, for others, multiple the mmBTU (million BTU) number by 6 to get the equivalent price for the same energy in barrels of oil, so $33/barrel ($0.80/gallon) for the United States, and $258/barrel (or $6.00/gallon) in Europe. Seems to me that the Neocon ‘Sanctions on Russia’ are doing a STELLAR job of punishing EUROPEANS.